US tariffs to worsen India solar panel glut as domestic bidding slows
High U.S. tariffs and potential anti-dumping duties on Indian solar panel exports will exacerbate a supply glut in India next year as domestic project bidding slows, according to industry officials and analysts.
U.S. President Donald Trump’s 50% tariffs on shipments from India will choke panel sales to its top overseas market, which accounts for 90% of module exports, they said.
